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Kazakh Oil Gem
Is Ripe for Takeover

Chinese Buyers May Move on MMG
Despite Its Tangled Ownership

By

Guy Chazan

Updated Sept. 26, 2007 11:59 p.m. ET

(See Corrections & Amplifications item below.)

A family dustup in energy-rich Kazakhstan has turned one of the country's largest oil companies into a potential takeover target, attracting interest from some of the biggest players in the global oil industry.

MangistauMunaiGaz, or MMG, has been in play since a dispute earlier this year...